Fault Lines Remain Between Countries On OECD Tax Deal

The dividing lines between countries on some of the biggest remaining issues in the global tax deal—such as the treatment of withholding taxes—are largely between developed and emerging economies, a Treasury official said Thursday.

Issues that hadn’t been agreed on in an OECD-issued progress report last week don’t reflect disagreements between the US and Europe or any other G7 country, said Itai Grinberg, deputy assistant Treasury secretary for multilateral negotiations, at a National Association for Business Economics conference.

“Rather, the main disagreements and the big gaps are mostly between the US and Europe on one side, and large emerging ...